Poland
Polish government dithers as COVID-19 infections soar
Only half the population has been vaccinated and the least vaccinated regions also happen to be the most pro-government.
wiiw hikes 2021 CEE growth forecast to 5.4%
Growth is predicted to fall to 3.7% in 2022 and 3.5% in 2023 because of base effects, monetary tightening and more significant external headwinds.
Polish industrial production eases growth to 8.8% y/y in September
Data shows the strength of Polish industry and its resilience to bottlenecks in the supply of raw materials and intermediate goods.
ING: Growing metals demand & the issue of emissions
The energy transition provides a great opportunity for the metals industry. Investment in clean energy technologies will boost metals demand. However, while the sector will play a crucial role, it will need to address its own emissions.
Poland and the EU ratchet up judicial dispute
Prime Minister Mateusz Morawiecki defends Polish position in European Parliament as European Commission President Ursula von der Leyen warns that the EU will not hesitate to withhold funding.
bneGREEN: Green policies set to reduce EU gas demand to baseload core
While the current gas crisis in the EU sees record-high wholesale gas prices, hurting consumers and causing the latest round of a supply disputes with Russia, the race to net zero by 2050 could have deeper long-term consequences for EU gas demand.
Polish inflation climbs further to 5.9% y/y in September
Inflation picks up 0.5pp versus the preceding month to a 20-year high.
CEE needs to speed up transition to new growth model, argues GLOBSEC report
Annual CEE Strategic Transformation Index puts Slovenia top in CEE (after Austria), followed by Czechia and Poland.
CEE/SEE countries unite in defence of nuclear power
EU’s pro-nuclear member states want nuclear energy to be included in the bloc's green taxonomy as a way to ameliorate climate change.
Poles rally against ‘Polexit’ as prospect of pandemic recovery funds fade
Protests follow ruling by the Constitutional Tribunal that the Treaty of the European Union contravenes the Polish Constitution.
Poland’s Constitutional Tribunal says Polish law trumps EU’s
The ruling is the most serious swipe by Poland at the EU’s legal order that Warsaw had subscribed to when joining the bloc in 2004 after years of negotiations.
EU’s top court delivers another blow to Polish government’s judiciary overhaul
Judge wins case against his transfer at CJEU, which says government's reforms damage judicial independence.
Poland’s central bank unexpectedly hikes rates by 40 bps to 0.5%
Polish rate setters belatedly follow lead of Czech and Hungarian neighbours in reacting to rising inflation in Central Europe.
ING: Inflation in Poland continues unabated, could near 7% in December
Polish inflation is set to keep rising in the coming months, nearing 7% by December 2021. We see average CPI in 2021 at 4.75% y/y and at 4.5% y/y in 2022. The NBP may quite likely under-deliver with tightening vs elevated market expectations.
Poland extends state of emergency on border with Belarus until end of November
Government weaponises refugees as threat to Poles, while opposition accuses it of violating international law by not allowing them to file for protection.
bneGREEN: Poland looks ahead to the death of king coal
It is still not clear when coal will stop being the staple fuel of the Polish economy and whether future growth will be powered by renewables only or also by nuclear energy.
Poland records 130,000 excess deaths in past 12 months as pandemic deepens demographic crisis
The government’s flagship welfare programme, the universal payout of €109 monthly per every child under 18, has not resulted in any sustained increase in the number of births.
ING: ECB’s push for net-zero carbon will grow ESG credit
In the push for reducing carbon, significant investment will be necessary, and in turn, funding will be required. This will provide growth for the credit market, and in particular for anything associated with ESG.
Romania and Latvia's car ownership rates among lowest in Europe
The lowest motorisation rates were found in Romania (357 cars per thousand people), Latvia (381 cars) and Hungary (390 cars).
Poland’s PM skips regional summit to snub Czech premier Babis over mine row
Poland reportedly plans to suspend cooperation with Czechia in the Visegrad Group until the mine’s case has been resolved in an amicable way.
